2012-11-08
2012-11-16
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>> this is n.b.r. >> susie: good evening everyone. i'm susie gharib. a day after the election a massive selloff on wall street as investors worry about the status quo in washington. >> tom: i'm tom hudson. the election is over but the fiscal cliff, is just eight weeks away, and it will play into every decision the president makes until january first. >> susie: and the fiscal cliff is a big worry for business leaders. the c.e.o. of caesars entertainment, tells us it'll be "very damaging" for his company. >> tom: that and more tonight on "n.b.r."! wall street greeted the election results with a big sell-off in stocks. investors dump shas of almosevertype, giving the s&p 500 it's worst day since june. beyond the u.s. elections, europe also brought fresh worries for investors with concerns in greece, and germany. here's how the numbers stacked up on wall street. the dow lost 312 points, at it's worst point of the day, the blue chip index was down 369 points. the nasdaq tumbled nearly 75 points and the s&p 500 off 33. suzanne pratt takes a look at where the market goes from here. >

evening, i'm chris matthews in washington. let me start with this. the re-elected president did it today. he said what he's going to do. how he's going to lead. he's going to do it as a world leader entering into negotiations with conditions. those preconditions are clear. a tape back from the bush tax cuts from the top. this is it. it means people know we have a president now who's ready to stand his ground, for jobs, for growth, but not the bush/romney way. no more trickle down now that the people of this country have sent their message from the top up. he will be a democratic president. he will be fair on taxes. he will use those taxes to rebuild this country and educate it up to the tough competition we face in this 21st century. rock solid he is. backed again by a majority of the american people. indeed, re-elected as the only second democrat since the civil war with two majority elections. the other, of course, is fdr. with an updated mandate he is back. some ready to deal, others hiding in their bunkers, waiting for something, anything to save them from the terrifying sight of the

to worry about re-election today. still, there was little time to savor tuesday's victory, in the face of a potential fiscal crisis at the end of the year. "newshour" correspondent kwame holman begins our coverage on this day after the election of 2012. >> reporter: mr. obama departed his hometown of chicago this afternoon for washington, his home for another four years. waiting for him: a still- divided congress now facing a critical lame duck session. the president made it clear in his victory speech last night that he thinks the country wants an end to gridlock. >> tonight, you voted for action, not politics as usual. ( applause ) you elected us to focus on your jobs, not ours. and in the coming weeks and months, i am looking forward to reaching out and working with leaders of both parties to meet the challenges we can only solve together: reducing our deficit; reforming our tax code; fixing our immigration system; freeing ourselves from foreign oil. we've got more work to do. ( applause ) >> reporter: the most immediate challenge: avoiding the so- called "fiscal cliff" that looms

. yes, i said it, this was a generous election. forget this talk of sharp elbows, every man for himself, grab your tax cut and head out on your own and for your self. all the nastiness we heard only served to excite and energize the people it was aimed at, only served to turn off the people who heard it being said and said to themselves. none of that for me. that sounds like uncle what's his name stuff, i don't buy it, i'm not going to buy it. so we go off, this country of ours, to a new era of hope. a time to work and think and keep on deciding. we ain't going back because as we decided on tuesday, back just isn't what it was supposed to be, was it? joining me is republican strategist john feehery and democratic strategist bob shrum. did you hear that, feehery? >> yes, sir. >> okay. good. the republican party can no longer count on white voters to carry them to victory in national elections. the white proportion dropped two points, from 72 puff -- actually went to 72% from 74%. while the minority percentage steadily is rising. here is how the 2012 election broke down by racial group. p

". >>> president obama says his re-election proves that americans want action on the economy, not just politics as usual: just days after his victory, he's laying out a framework for compromise with the republicans to avoid $600 billion in automatic spending cuts and tax hikes in the next year. he says he's open to new ideas, but he warns the federal government can't cut its way to prosperity. >> if we're serious about reducing the deficit, we have to combine spending cuts with revenue. and that means asking the wealthest americans to pay a little more in taxes. that's how we did it -- that's how we did it in the 1990s when bill clinton was president. that's how we can reduce the deficit while still making the investments we need to build a strong middle class and a strong economy. that's the only way we can still afford to train our workers or help our kids pay for college, or make sure that good jobs and clean energy or high-tech manufacturing don't end up in countries like china. now, already i've put forward a detailed plan that allows us to make these investments while reducing our deficit

fool of this election season. but first. >> on this friday overhead lines making news. a 21-year-old man arrested after trying to rob nancy pelosi's house in california. he tried hitting the minority leader's house in nap pa county not once but twice, monday and tuesday, which was election day. he was then caught by police robbing another house wednesday and then immediately admitted to breaking into pelosi's house, but he didn't take anything the second time because when he was in there he realized who's house it was. >> we ought to tell this guy there is hot property at the white house. >> the new jersey governor called the man he supported, mitt romney, to offer some support as well he said no he just sent romney a conciliatory email, but called president obama. >> bill: that's unreal. >> the samsung galaxy overtook apples iphone. shipped 18 million units compared to iphone's 16. but that will not hold since the iphone 5 went on sale in the fourth quarter. >> bill: yeah i was going to say that's not -- >> i think that will change. >> absolutely. hey, one l

for defeat. tweeting, dear gop, in four years please don't go for the he's the most electable argument." eric erickson has been on that point for months and that's why he was the last person on board in romney world, if you will, when romney eventually got the nomination. some republicans seem anxious for that 2016 search to begin and begin quickly. they themselves want to get involved in the debate in the future of the party, perhaps with their own 2016 ambitions in mind. florida senator marco rubio who has called on republicans to work harder than ever to communicate to minorities. guess where he's headed in two weeks? he just happens to be traveling to iowa as a guest of the governor. in a series of media appearances yesterday, virginia governor bob mcdonnell called on the party to change. he press advised a news conference to talk about the election. >> we've got to be a lot more inclusive and open and energetic in wanting people to join our team by expressing why these conservative values are good for people of all races, creeds, colors and national origin. >> the guy repopulation mcdonn

the gerrymander of the decade. this is what happens when republicans take control of state houses. elections have consequences, and all politics is local. despite democrats have been an electoral majority, republicans are able to cling to control of the house. this is not enough to override the political capital picked up by the president on tuesday. americans voted for an agenda of what? strong social programs and income equality in america. they want the president to deliver on his campaign. >> i want to reform the tax code so that simp, fair and ask the wealthiest households to pay -- the same rate we had when bill clinton was president. the same rate we had when our economy created nearly 23 million new jobs, the biggest surplus in history, and a whole lot of millionaires to boot. >> that was before the election. that was in the -- let's see, think some convention? very clear where president obama was and very clear where the american people voted. americans want progressive action, including higher taxes on the wealthiers americans. this is a pivotal moment for the democrats. the republicans

, it closed below 13,000 and when you look at the broader markets, all were down 2.5%, so is the election really to blame? "outfront" tonight, michael farr, author of restoring our american dream. good to see you. i know there were a lot of markets often go down on the day after an election and they're worry about the fiscal cliff and europe. >> you really can't tell. certainly we had a couple of point run-up prior to the election and then this morning without the distraction of all of a political punditry and bluster, we see marcus all of a sudden come back down. perhaps investors confronted the fiscal cliff and what's going on in greece. they need another $40 billion. china's slowing and we've got 2% gdp growth. fairly tepid. >> the credit rating agencies, the we couldn't make a deal last time around. fitch was one of them just hours after the president was re-elected. said if they don't avoid the fiscal cliff, we're going to face another downgrade. they say hey look, the first downgrade, it still hasn't caused interest rates to surge. should we be? >> we saw the rates rally and go lowe

gwen: the president's convincing re-election, the looming fiscal cliff and tonight, a c.i.a. bombshell. victory and fallout, tonight on "washington week." the lines were long. the victory party was robust. >> a long campaign is now over. and whether i earned your vote or not, i have listened to you. i have learned from you. and you've made me a better president. gwen: a the thank yous were fervert. >> i'm really proud of all of you. it will go on in history. people will read about it it. and they'll marvel about it. >> as president obama claimed his second term. the election turned out to be a lesson in truth and consequences. what did the obama campaign do right and what did the romney campaign do wrong? >> and i ran for office because i'm concerned about americans. this election is over. but our principles endure. >> the voters have their say. leaving washington to search for a compromise even as a fiscal crisis looms. >> this is an opportunity for the president to lead. this is his. >> i'm open to compromise. i'm open to new ideas. i'm committed to solving our fiscal

obama's spending his first full day at white house after re-election in closed door meetings. team obama tells "the washington post" they were confident in victory but admit they were surprised how quickly the race he was called for the president. we're learning more about the president's re-election strategy. in the new yorker the biggest decision was to spend 20% of the total budget on a summer television advertising blitz attacking romney. the idea was to define rom nil early while he was recovering from the primary. with the celebration over, it's certainly back to work at the white house. topping the agenda, how the administration plans to work with a divided congress to vide the looming fiscal cliff. kristen welker joins me. the president has a trip planned already to myanmar on that trip agenda. what else do we know about this? >> reporter: tamron, this is big news. the white house announcing that president obama will visit myanmar in just about ten days. this, of course, comes after secretary of state hillary clinton visited several months ago. the united states has been working

start with this. the re-elected president did it today, he said what he's going to do, how he's going to lead. he's going to do it like a world leader entering into negotiations with preconditions. those preconditions are now clear. a take back the bush tax cuts from the very top. this is it. what we were waiting for, a tough, sharp statement of what this re-election means. it means that people will know we have a president who is ready to stand his ground for jobs, for growth, but not the bush/romney way, no more trickle down now that the people of this country have sent their message from the ground up. armed for combat, barack obama takes the field against the very forces who fought to cut him down. he will be a democratic president. he will be fair on taxes. he will use those taxes to rebuild this country and educate it up to the tough competition we face in the 21st century. he's backed by a majority of the american people, indeed re-elected as the only democrat since civil war with two majority elections behind him with an undergraded mandate at his back. today he marched onto t

four days after the election. the win in the sunshine state gives the president a total of 332 electoral votes. governor romney at 206 electoral votes. this gives president obama 51% of the popular vote. mitt romney 48%. good afternoon. i'm craig melvin. you're watching msnbc, the place for politics. let's go straight to nbc news correspondent kerry sanders from miami. the election is finally put to rest. >> folks in florida have been wondering what is going on. the numbers show that the state did tilt to obama. he got 50% of the vote. romney took 49.1% of the vote. clearly, florida remains a battleground state. the question is, why did this take so long? part of the fact is that early voting was cut back by the republican governor rick scott. if you take a look at the newspaper here, this is the tampa bay times headlines. it says, no apology from scott. he went on to say, what i'm trying to do is improve the way government works. i believe in efficiency. i believe every vote has to count. i want to have a good process that people feel good about. well, the people are not feeli

a second term upgrade? will the hard right in the house give thumbs down for the re-elected president, will they risk the fiscal abyss to keep their ties to the tea party? and finally, this is my country. even mitt romney was echoing that cry from the anti-obama crowd, pledging to take our country back. but that is deep in the past. no matter how hard they want it, america's fewer you to -- future just won't look like the early 1950's. hi, i'm chris matthews. welcome to the show. with us today, the washington post bob woodward. "the washington post" kathleen parker, "the new york times" d helen cooper. first up. barack obama's place in american presidential history was upgrated tuesday with his convincing sweeping re-election by an entirely new american elect rat. -- electorate. >> we are greater than the sum of our individual ambitions and we remain more than a collection of red states and blue states. we are and forever will be the united states of america. and together, with your help and god's grace, we will continue our journey forward. chris: bob, here we are five days later. i'

. >> as president obama claimed his second term. the election turned out to be a lesson in truth and consequences. what did the obama campaign do right and what did the romney campaign do wrong? >> and i ran for office because i'm concerned about americans. this election is over. but our principles endure. >> the voters have their say. leaving washington to search for a compromise even as a fiscal crisis looms. >> this is an opportunity for the president to lead. this is his. >> i'm open to compromise. i'm open to new ideas. i'm committed to solving our fiscal challenge. gwen: here to cover another historic week dan balz of "the washington post." john dickerson of cbs news. beth reinhard of "national journal" and jeff zeleny of "new york times." >> live from our nation's capital, this is "washington week" with gwen ifill. produced in association with national journal. corporate funding for "washington week" is provided by -- >> this rock has never stood still. since 1975 we've been there for our clients through good times and bad. through the years from insurance to investment management from rea

to the obama campaign during the election, they were confronting an angry set of voters, even those who supported them. the theatrics in washington -- we have heard a lot of callers talk about this. i don't know if they have a place right now. this is an extremely urgent thing they have to address. it could have real consequences on recovery, really end it, and i do not think we will see a lot of that. i do not think the president wants to strike that tone. i think it will be pretty serious. it does not mean they will not try to get together in some kind of setting, but i do not think it will be seen the light it was in summer 2011. host: we want to thank our two white house reporters. thank you both for being here. that does it for today's "washington journal." we will be back tomorrow at 7:00 a.m. with more of your questions and comments via phone and twitter. thanks for watching. host: [captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2012] emma we continue with election analysis to date on the c-span networks -- >> we continue

three days after the election and a shake-up to the security team just as he deals with the attacks in libya, tensions with iran and the end of the war in afghanistan. joining me now is nbc chief foreign correspondent richard engel, jack jacobs, an msnbc policy analyst and carl bernstein, the legendary analyst now a contributor to the daily beast. thank you all for joining me tonight. >> good to be here. >> let me start with you, be richard. this is a real shock. i mean, late this afternoon, the news came out. what can you tell us? >> what we know so far and what we've been able to confirm from multiple sources is clearly that the cia director resigned. he made that announcement and cited an extramarital affair. denot, he did not, however, say who may have been involved. what we also know from law enforcement officials is that the fbi is currently investigating paula who has written a become on general petraeus, a favorable account of general petraeus. she talks about having extensive access to the general. they've gone running together, according to her accounts, she's appeared man

congressman elect jeffreys, a democrat from brooklyn. a professor at the school for social network. author of unintended consequences. a former partner at bain capital and molly, a reporter for a magazine who did phenomenal work. tuesday's election brought us not just a second term for president obama but a new congress as well. there are two ways to look at the make up of the congress. one is the endorsement of the status quo. asking the two to work together as house speaker john boehner put it the day after the election. >> the american people have spoken. they reelected president obama. they have again reelected a republican majority in the house of representatives. if there's a mandate in yesterday's results, it's a mandate for us to find a way to work together on the solutions to the challenges we all face as a nation. >> the other way to interpret the results is to see them as a resounding liberal governance. a larger and apparently more democratic majority in the senate. it's how harry reid framed the results. >> we had an overwhelming re-election of the president. we picked up seat

of their head after the election, and exactly what happened. i love it. we'll have more of this tomorrow. [ ♪ theme music ♪ ] >> eliot: good evening, i'm eliot spitzer, and san francisco, california, and this is "viewpoint." this is a scene we've witnessed before and one we'll watch for four more years after a tumultuous campaign and one long night, the president along with his wife and daughter returned home to the white house this evening. the power of the presidency is making itself felt in other parts of dc where a fear of possible economic collapse is a recurring theme. speaker of the house john boehner seem interested in a compromise with democrats that could keep the country from plunging off the so-called fiscal cliff. while florida is still official officially too close to call even without its 29 collect 29 electoral college votes mr. obama won with a hefty 303 electoral votes but a mere 53% of the popular votes begging the question, was it a mandate or a draw. the president promised to reach out to leaders of both parties. speaker boehner appeared to be re

the definition of rape. they represented strong female representatives. >> despite the odds, you elected the first woman senator to the state of massachusetts. >> i am well aware that i will have the honor to be wisconsin's first woman u.s. senator. there is no way that clair mccaskill can survive. you know what happened? you proved them wrong. >>> on tuesday americans decided to send a record number of women. 20 women to the senate. and it didn't end there. we stood up for marriage equality after 32 straight defeats at the ballot box, it won in maine, won in maryland, won in washington, in state after state, americans stood up for liberal values. in minnesota it came in to rejection of voter i.d. amendment. we are a more inclusive society than the republican party understood. as president obama eloquently said -- >> if you're willing to work hard, it doesn't matter who you are or where you come from or what you look like or where you love, it doesn't matter whether you're black or white or hispanic or asian or native-american or young or old or rich or poor, abled, disabled, base or str

on the dysfunction in washington that americans said they hate. they went to bed election night hoping to fix that. speed really matters here. in just seven weeks the bush tax cuts expire, automatic spending cuts agreed to by both parties kick in. we call it the fiscal cliff and even though it's more like the fiscal steep slope it could do some very bad things to the economy. concerns about rolling down it or falling off it or whatever you want to call it have made markets nervous and credit rating agencies and economists of all stripes are warning about the consequences of not hammering out a deal in time. politicians in both parties, they've been sending out mixed signals ever since the election. on the one hand they're talking about common ground. take a look. >> we want our children to live in america that isn't burdened by debt. that isn't threatened by a warming planet. >> the nation as you know is at a critical point. at a time like this, we can't risk partisan bickering and political posturing. >> if there's a mandate in yesterday's results it's a mandate for us to find a way to work toget

to a newly re-elected president, and a lame duck congress. and the prospects? well, the president plans to talk about those prospects in his first public post election comments scheduled for about two hours from now at the white house, and that's exactly where we have positioned cnn's brianna keilar standing in the wind and waiting for the words. what are we expecting to hear? are we expecting to hear specifics and talk about the fiscal cliff or just about a kum ba yah moment that the whole country really needs? >> reporter: you know, i think definitely he's going to talk about the fiscal cliff, lay out the consequences of going over it, urge congress to work together and find a solution, ashleigh. but no, we're not expecting to hear specifics. he is going to be talking to an audience, which includes a lot of middle class supporters, and he is going to be giving remarks, but he's not going to be answering questions from the press. so this is sort of a safe zone for him to explain the consequences, and also to say that the middle class cannot be hurt by tax increases. part of his pledge,

he produced an electorate. whoever won, we would wake up on election day and produce a little different electorate than anticipated. that is what happened. the electorate was more non- white than most polls anticipated. there was that. the debate had a huge impact. the first debate fundamentally changed the race and put romney back with and range. obama was able to stabilize at the end. but romney presented himself as an acceptable alternative. romney was able to walk over the threshold. in the end, he never addressed the demographic challenge. and the third debate he went back on some of the language. he talked about amnesty and deportation and basically ensured that number among hispanics. barack obama increased its share of votes among hispanics. that is a statement more about the republican party than the democratic party. >> that is not two waves. one was out of the democratic convention. that was a surge for the democrats. the second was a chance for the challenger to put himself on the stage. i think people were talking about romney's momentum. he got back in the race.

in business as a political party, and if they want to be successful in getting their people elected they're going to have to change the way they do things, and they're going to have to moderate soften some of their positions. they've got this huge problem with young people and a huge problem with hispanic, with women, with gays and lesbians. you would think they would have to do something but you know, you know, we don't have a crystal ball, and so far they're showing no real sign of wanting to change their ways. >> eliot: sam, you know, the republican party if you look at the exit polls, and you see that they were virtually nowhere with latinos, nowhere with blacks, no one where people under 29, there is a huge gender gap. it's a party of angry white men. that is not a plan of success. doesn't anybody in the republican party get that in terms of raw politics? is there somebody who is saying guys change you're approach to this game. >> lindsey graham said that exact statement a month and a half ago and it will mean absolutely nothing. i think the republican party as a national party is o

on the president's mandate on fairness. >> the election may be over, but the conspiracy theories live on. >> i suspect these tough chicago guys knew about this affair for awhile, and held it in their back pocket until they needed to play their card. >> the latest right wing freakout over general petraeus. >> and if you have better ingredients and better pizza, why not better health care? sam stein on papa john's problem with obama care. >>> good to have you with us. thanks for watching. more bad news for republicans this week. their history of obstruction is coming back to haunt them. president obama made it clear friday he will insist on getting rid of the bush tax cuts for the wealthy in a new economic plan. congressional republicans are playing tough in public instead of tax increases on the rich they are pushing nonspecific tax reform. >> it's clear that there are a lot of special interest loopholes. >> we can increase revenue without increasing the tax rates on anybody in this country. we can lower the rates, broaden the base. >> eliminate all these tax credits and tax deductions. you can

rights. tuesday's election revealed new le le lessons. why could porn be leaving l.a.? a new law passed tuesday may run skin flicks out of town. >>> good morning, everyone. i'm randikaye. we begin with a bomb shell. david petraeus stepped down after admitting to having an extramarital affair. the general's affair was uncovered in an investigation by the fbi involving his biographer paula broadwell. cnn has not been able to reach broadwell for comment, and it's unclear if she is the woman that he admitted to having an affair with. we get more on general petraeus and his year from chris lawrence. >> david petraeus sent this letter on friday admitting that he had an affair and telling the staff that he had gone to the white house on thursday and asked president obama to accept his resignation. on friday, during a phone call, the white house says the president did accept petraeus' resignion, throwing his national security team into flux just days after the election. by the same david petraeus got his first taste of real combat, he was a 50-year-old major general. he commanded the 101st airb

guy who really masterminded so much of what we did in this election. he did such a great job as campaign manager, and he will go into more granular detail in what he saw as the results on tuesday. here is jim messina. >> hello, everyone, good to be with you. i want to start out by congratulating team romney for a hard-fought campaign. they were hard-working americans who wanted to make the country better and use the political process to do that. we wish them sleep and some time with family. i want to congratulate all the volunteers for what they did on election day. we had over 109,000 people canvassing on doors, double that on the phones, and they executed a historic ground game. the reason they were motivated to do this it was not because of any analytical tools or tech product that we gave them. they were working to build this campaign because they believe in barack obama and his message and the policy he moved forward -- to move this country forward. that is what won in this election. across battleground states, we are currently sitting at 50.4. i think we will get a litt

ballot voting delay to push right on the floor of the election. we don't know where the 29 electoral votes will go but have made every outcome of the presidential election. back to the topic here. what was your message to washington? a lot of newspaper articles this morning about the fiscal the cliff and that is what faces -- >> we will leave this portion of this morning's washington journal now to go live to the american enterprise institute for panel discussions on the election with fox news channel commentator michael barone, inside out columnist norman borkenstein and others. it is just beginning. this is live coverage from c-span2. >> to start the aei series in 1982. he is with us here today been lautenberg and the late richard scamen were the people to look at the intersection of democracy and public often opinion data in the 1970 book "the real majority." they told us how important changing demographics would be to future e elections come indigenous election de pass braking insights have been confirmed. latinos or a larger share of the electorate than four years ago, and they

everybody. >> welcome to the "young turks." it's the second day after the election and we're still having fun. karl rove flushed that money down the toilet, now they're goal at him big time. this one big ad run by the democrats apparently had more effect than that entirely amount of money. >> romney shut down our plant. turns out that when we built that stage, it was like building my own coffin. >> i still love that ad. then rove comes up with the world's lamest excuse. >> they cut their winning percentage by over romney by about two thirds, but the president -- he succeeded by suppressing the vote. >> wait, wait, wait, obama suppressed the vote? obama suppressed the vote! you're a stitch, karl. and we continue to rub it in the faces about how wrong they were. >> obviously i think with the election results last night, do you want to offer an apology? >> we missed the north carolina senate race. >> yes you did. >> by the way, i didn't. i got that one right too. by wait, the most accurate pollster for the election, you will love that result. don't miss that. it's go time. >> president obama

coming off a smashing re-election victory or speaker of the house john boehner and his tea party cohort determined to hold the line against higher tax rates on the well-to-right now both sides seem to be digging in. president obama used a campaign-style white house appearance today to declare that while he's willing to compromise with the republicans his bisque position has not changed. >> obama: as i said before, we can't just cut our way to prosperity. if we're serious about reducing the deficit we have to combine spending cuts with revenue that means asking the wealthiest americans to pay a little more in taxes. on tuesday night we found out that the majority of americans agree with my approach. and that includes democrats independents, and a lot of republicans. >> eliot: mr. obama also said that he planned to meet with speaker of the house john boehner and other congressional leaders at the white house next year along with business and labor leaders. the president made it clear that even while talks were under way he wanted the house to move quickly to pass a middle class tax freeze

. >> and a few moments, president obama'seens your campaign staff talks about election results. and have delmar, more about the election from political analysts charlie cook and stu rothenberg. then senator chuck schumer on the agenda for the upcoming lame duck session of congress. >> he does rolled himself out. he has taken 10 tablets. >> that is ridiculous. >> at some point he could stop breathing. >> where is sgt robert gates today? >> we ended up following him after this plane ride for many and he ended up injuring himself into an innovative program at walter reed, where they ended up using acupuncture, medication, and other techniques to wean him of all the drugs he was on, and for this program he actually was able to walk out of walter reed on his own 2 feet. i really commend the military for allowing us to tell the story, both the good and the bad, but for recognizing the problem, that there is the problem of over medication, and that they are looking for outside the box ideas on how to fix it. that is sort of the whole basis of the film, the status quo is not working and we need to star

's melrose place. >> but as the world turns, conservative confusion continues. >> the election is behind us and we're ready to get started. joob we start making tracks to abandon our principles. >> we have to become more moderate? >> latinos are calling this cinc o denio. it wasn't enough at the end of the day. >> mr. president, over to you. >> i'm open to new ideas, but i refuse to accept any approach that isn't balanced. ♪ >>> we begin with an action-packed day in washington. fallout from the petraeus affair is turning into a nesting doll of military indiscretions. a scandal now involving general john allen, the man nominated to be the supreme commander of nato. general allen is being investigated for alleged inappropriate contact, a veritable treasure trove of e-mail correspondence with jill kelley, the woman who online activities led to the investigation of paula broadwell. for his part general al sentence denying misconduct, but the scandal goes further because an internal fbi inquiry has been launched into the agent who started the investigation. a senior government official has tol

went to bed election night thinking they voted to fix the problems in washington, particularly on capitol hill. keeping them honest, though, not so fast. speed really matters here. in just seven weeks, the bush tax cuts expire and automatic spending cuts agreed to by both parties kick in. it's called the fiscal cliff. no doubt you know about it and even though it's more like the fiscal kind of steep slope heading down it could have some very bad implications for the economy. concerns about rolling down it or falling off it or whatever you want to call it have already made markets nervous and credit rating agencies and economists of all stripes are warning about the consequences of not hammering out a deal in time. politicians in both parties, well, they have been sending out mixed signals ever since the election. on the one hand, they're talking about common ground. take a look. >> we want our children to live in an america that isn't burdened by debt, that isn't weakened by inequality, that isn't threatened by the disruptive power of a warming planet. >> the nation as you know

in this coming week that people need to know about? >> the republicans will have their leadership elections. we are expecting that john boehner will remain the speaker and erick kcantor will be the number two. there is not any major legislation on the floor of the house that we are expecting. >> the president is speaking again on wednesday on this and other issues. >> and using his post as the election pulpit to start the process. >> absolutely. >> a thank you for being here. an interesting couple weeks ahead for us to watch. [captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2012] >> watched grover norquist again at 6:00 p.m. eastern here on c- span. and about 30 minutes, president obama will participate in the presidential ceremony at the tomb of the unknowns. we will bring you live coverage here on c-span. while we wait, here's a look at the presidential election and congress from this morning's "washington journal." don >> he is still resolute in the face of defeat. >> not to see you. sometimes you win. sometimes you lose. >> this is t

] >> you bet. megyn: well, president obama may have won re-election, but we still don't know much, know by how much. that is because they are still counting the ballots down in florida. as of this morning just six-tenths of a percentage point separated the president and governor romney. most of the remaining ballots are from miami-dade county because there was a last minute wave of absentee ballots that have yet to be processed. if the president wins florida, it will increase his electoral count but not change the outcome of the election. after months of campaigning and hundreds of thousands of phone calls, washington looks very much the same. next hour, the same. how many segments, how many dollars, how many discussions? the same. next hour we're going to speak to karl rove to explain what he really thinks happened on tuesday. how did the republicans lose? and we will get his thoughts on that a couple days after. ♪ megyn: a major setback today for millions in the northeast still recovering from the last week's devastating hurricane sandy. powerful winds, rain and snow -- i mean, it w

walked into the east room saying elections have consequences. >> what the american people are looking for is corporation. they're looking for consensus. they're looking for common sense. most of all, they want action. i intend to deliver for them in my second term i expect to find willing partners in both parties to make that happen. so let's get to work. gwen: the obama campaign pieced together a electoral puzzle. how did they put it together? >> they had multiple paths to get to 270. they used almost all of them. they were able to through very focused data-driven ground operation identify their voters and successfully reassemble the coalition that they had in 2008. african americans, latino, -- latinos, young voters, women. would young voters turn out in the numbers they did before? in fact, they were by one point a higher percentage than they were in 2008. would african americans vote with the same enthusiasm compared to 2008? they did. it was 15%. this was a campaign that set its sights early and improving on what everybody thought was a very good ground operation and they exceede

>>> newly elected president obama is back in washington, automatic spending cuts and tax increases set to go into effect at the beginning of the year, known together as the fiscal cliff. members of one of the most deeply divided congresses in history are sending smoke signals up capitol hill to note they are ready to get back to the bargaining table. >> mr. president, this is your moment. we are ready to be led, not as democrats or republicans, but as americans. >> i want to work together, but i want everyone to also understand, you can't push us around. we want to work together. >> as washington digs back in, politicians and pundits alike are still post-gaming obama's election night victory. >> as soon as the votes started coming in and we matched them up against the model, we were well convinced that the thing was going to go according to plan. >> republicans in a crisis of their own after mitt romney's disastrous defeat. does the governor's loss and demise signal a greater crossroads for the grand 'ole party? >> i think it's more of a branding problem because the branding proble

ever since the election. on the one hand, they're talking about common ground. take a look. >> we want our children to live in an america that isn't burdened by debt, that isn't weakened by inequality, that isn't threatened by the disruptive power of a warming planet. >> the nation as you know is at a critical point, at a time like this we can't risk partisan bickering and political posturing. if there's a mandate in yesterday's results, it's a mandate for us to find a way to work together on the solutions to the challenges that we all face as a nation. >> it's better to dance than to fight. it's better to work together. everything doesn't have to be a fight. >> sounds promising, right? that's not all they're saying. tonight on abc news house speaker boehner ruled out any deal that lets any tax rates go up. >> raising tax rates is unacceptable and frankly, it couldn't even pass the house. i'm not sure it can pass the senate. >> vice president biden, meantime, told reporters off camera the voters gave democrats a clear mandate on taxes by re-electing a president who promised the followi

sending out mixed signals since the election. on the one hand, they are talking about common ground. take a look. >> we want our children to live in an america that isn't burdened by debt, isn't weakened by inequality. that isn't threatened by the disruptive power of a warming planet. >> the nation as you know is at a critical point. at a time like this, we can't risk partisan bickering and political posturing. >> if there is a mandate in yesterday's results, it's a mandate for to us find a way to work together on the solutions to the challenges we all face. >> it's better to work than to fight. everything doesn't have to be a fight. >> sounds promising. tonight house speaker boehner ruled out any deal that lets any tax rates go up. >> raising tax rates is unacceptable. >> vice president biden told reporters that democrats gave a clear mandate that promises the same over and over again. >> another tax cut that favors the wealthy is not change. i won't turn medicare into a voucher to pay for another millionai millionaire's tax cut. i want to make sure that the wealthiest households pay a l

the fiscal cliff. the election celebration is short-lived. a surprise resignation by cia director david petraeus comes days before congressional hearings over the attack on the u.s. consulate in benghazi. we'll get reaction this morning from capitol hill and the very latest reporting on this developing story from our chief foreign affairs correspondent andrea mitchell, who broke the story friday afternoon. also the president and republicans get set to negotiate new taxes and spending cuts. is a breakthrough possible? >> i'm open to compromise. i'm open to new ideas. we've debated over and over again. and on tuesday night we found out that the majority of americans agree with my approach. >> mr. president, this is your moment. we're ready to be led. not as democrats or republicans but as americans. now, we want you to lead. >> where does it all go from sneer we'll ask democratic senator from new york chuck schumer and republican senator from oklahoma tom coburn. also we check in with cnbc's jim cramer, hear about the economic stakes should washington fail to avert fiscal disaster by the

. [laughter] victoria book goes final comments. >> reaction to last night's election results from harry reid and house speaker john boehner. and analysis from the national journal. last night and democrats held on to their senate majority. harry reid talked about the election results. we will hear from republican john bellair. -- john boehner. >> i am glad to be back. it was a late night, early morning. to it is clearly we're going increase our majority. but the results show a number of things. a number of things for certain. one is that we're the party of diversity. look at the results from all over the country. i'm looking forward to working with so many great accomplished centers. i have talked to virtually everyone of them. when i came to the senate, barbara mikulski was it as far as women. now one-third of our caucus is women. the remarkable work done by all these great centers to be. but the election is over and we have enormous challenges ahead of us. they're right here. and we have to sit down and go to work on it now, not wait. this was the message the american people sent from all

as too extreme. what next for them? what next for the man who ran for re-election who came home to face challenges on taxes, budget, global economy and a whole lot more? for president obama, what next? today markets took a nose dive because investors see what's coming and worried that washington cannot fix it. in the speeches last night and the statements today, everyone from mitt romney to the leaders in the building behind me, all have a way of saying they get it. they understand the challenges and will rise to meet them. listen. >> we want our children to live in america that isn't burdened by debt and isn't weakened by inequality and isn't threatened by the warming kwagity. >> at a time like this we can't risk partisan bickering and political posturing. >> if there is a mandate in yesterday's results, it's a mandate for us to find a way to work together on solutions to the challenges we all face as a nation. >> it's better to dance than to fight. better to work together everything doesn't have to be a fight. >> together, what is next on the fiscal cliff on how republicans will deal

in the state of florida, would have happened if the election had been september 6th, october 6th or november 6th. this was structural. this was demographic. this had nothing to do with any issue. no auto bailout. no sandy. no any other effects. and so any other excuse that some republicans make is whistling past their grave yards. >> you accept it's more about demographics, more latino voters, up 10%, almost 11%, almost maxing out. a pretty good showing among white voters, about 39, about the levels of the last four or five cycles. >> well, i mean, he dropped a little bit. he had 43% of the -- >> before him. >> yeah, around where gore and kerry were. you know, they were -- the people you mentioned before, david plouffe, jim messina and jim axelrod -- particularly messina and plouffe, i wrote about this, they saw this as a contest between economics and demographics. the economics were going to be a headwind for president obama and the only way to win was focus like a laser beam on four groups. the rest of the campaign was just mood music for them. they were looking at african-americans, hispani

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